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SunCar Technology Group (SDAWW) Financials

$0.05 +0.00 (+8.80%)
As of 05/23/2025 11:52 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Annual Income Statements for SunCar Technology Group

Annual Income Statements for SunCar Technology Group

This table shows SunCar Technology Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Income / (Loss) Attributable to Common Shareholders
-43 -27 -6.67 -24
Consolidated Net Income / (Loss)
-64 -18 -12 -18
Net Income / (Loss) Continuing Operations
-43 -18 -11 9.59
Total Pre-Tax Income
-62 -15 -11 11
Total Operating Income
-58 -15 -13 10
Total Gross Profit
442 518 398 342
Total Revenue
442 727 565 498
Operating Revenue
442 727 565 498
Total Cost of Revenue
0.00 210 167 157
Total Operating Expenses
482 549 423 321
Selling, General & Admin Expense
482 422 349 262
Total Other Income / (Expense), net
-0.29 0.46 1.90 0.17
Other Income / (Expense), net
-0.29 -0.06 1.46 -0.59
Income Tax Expense
2.85 2.57 0.23 0.94
Basic Earnings per Share
($0.72) ($0.31) ($0.08) ($0.29)
Weighted Average Basic Shares Outstanding
96.00M 85.44M 81.60M 81.60M
Diluted Earnings per Share
($0.72) - - -
Weighted Average Diluted Shares Outstanding
96.00M 89.71M - -
Weighted Average Basic & Diluted Shares Outstanding
98.51M 89.71M - -

Quarterly Income Statements for SunCar Technology Group

No quarterly income statements for SunCar Technology Group are available.


Annual Cash Flow Statements for SunCar Technology Group

This table details how cash moves in and out of SunCar Technology Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Change in Cash & Equivalents
-4.08 9.68 -14 -44
Net Cash From Operating Activities
12 -28 -16 -26
Net Cash From Continuing Operating Activities
12 -28 -16 -19
Net Income / (Loss) Continuing Operations
-64 -18 -11 9.59
Consolidated Net Income / (Loss)
-64 -18 -12 -18
Net Income / (Loss) Discontinued Operations
0.00 0.00 -0.99 -28
Depreciation Expense
4.50 4.11 5.08 4.06
Amortization Expense
0.78 0.75 0.62 0.00
Non-Cash Adjustments To Reconcile Net Income
68 8.31 29 1.84
Changes in Operating Assets and Liabilities, net
3.36 -23 -40 -35
Net Cash From Discontinued Operating Activities
0.00 0.00 -0.05 -6.46
Net Cash From Investing Activities
-12 -2.39 -5.92 -21
Net Cash From Continuing Investing Activities
-12 -2.39 -5.40 -20
Purchase of Property, Plant & Equipment
-12 -4.93 -4.35 -1.28
Purchase of Investments
-22 -0.52 0.00 -9.84
Sale of Property, Plant & Equipment
0.04 0.05 0.00 0.00
Sale and/or Maturity of Investments
22 4.72 0.15 0.00
Net Cash From Discontinued Investing Activities
0.00 0.00 -0.52 -0.59
Net Cash From Financing Activities
-2.95 40 11 -0.07
Net Cash From Continuing Financing Activities
-2.95 40 11 -1.19
Repayment of Debt
-105 -104 -111 -70
Repurchase of Common Equity
-4.13 -2.59 -0.51 -1.18
Issuance of Debt
106 105 122 77
Issuance of Common Equity
0.00 40 0.00 0.00
Other Financing Activities, net
0.00 2.28 0.00 0.00
Net Cash From Discontinued Financing Activities
0.00 0.00 0.00 1.12
Cash Interest Paid
3.67 2.58 3.78 3.09
Cash Income Taxes Paid
1.47 0.00 2.46 3.47

Quarterly Cash Flow Statements for SunCar Technology Group

No quarterly cash flow statements for SunCar Technology Group are available.


Annual Balance Sheets for SunCar Technology Group

This table presents SunCar Technology Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
247 223 192
Total Current Assets
196 175 145
Cash & Equivalents
27 31 21
Restricted Cash
2.65 2.74 2.72
Short-Term Investments
21 22 27
Accounts Receivable
76 56 86
Prepaid Expenses
70 64 9.27
Plant, Property, & Equipment, net
0.00 22 18
Total Noncurrent Assets
50 26 28
Long-Term Investments
0.27 0.28 0.29
Intangible Assets
28 - -
Noncurrent Deferred & Refundable Income Taxes
10 12 13
Other Noncurrent Operating Assets
12 13 15
Total Liabilities & Shareholders' Equity
247 223 192
Total Liabilities
180 155 155
Total Current Liabilities
157 124 155
Short-Term Debt
84 83 75
Accounts Payable
63 27 24
Current Deferred Revenue
2.42 3.05 3.57
Current Deferred & Payable Income Tax Liabilities
1.36 1.36 2.04
Other Current Liabilities
6.78 5.50 46
Total Noncurrent Liabilities
24 31 0.00
Other Noncurrent Operating Liabilities
24 31 0.00
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
66 68 37
Total Preferred & Common Equity
12 16 -5.28
Total Common Equity
12 16 -5.28
Common Stock
209 144 96
Retained Earnings
-195 -127 -100
Accumulated Other Comprehensive Income / (Loss)
-1.43 -1.37 -1.48
Noncontrolling Interest
54 52 42

Quarterly Balance Sheets for SunCar Technology Group

No quarterly balance sheets for SunCar Technology Group are available.


Annual Metrics And Ratios for SunCar Technology Group

This table displays calculated financial ratios and metrics derived from SunCar Technology Group's official financial filings.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Growth Metrics
- - - -
Revenue Growth
21.49% 28.80% 13.31% 0.00%
EBITDA Growth
-375.55% -96.70% -139.19% 0.00%
EBIT Growth
-264.48% -39.68% -213.76% 0.00%
NOPAT Growth
-277.46% -22.94% -193.30% 0.00%
Net Income Growth
-266.65% -47.74% 34.22% 0.00%
EPS Growth
-132.26% 0.00% 0.00% 0.00%
Operating Cash Flow Growth
142.82% -71.28% 36.86% 0.00%
Free Cash Flow Firm Growth
2.90% 34.24% 0.00% 0.00%
Invested Capital Growth
3.68% 57.46% 0.00% 0.00%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - -
Gross Margin
100.00% 71.20% 70.47% 68.53%
EBITDA Margin
-12.08% -1.46% -0.96% 2.77%
Operating Margin
-13.21% -2.13% -2.23% 2.08%
EBIT Margin
-13.27% -2.13% -1.97% 1.96%
Profit (Net Income) Margin
-14.59% -2.42% -2.11% -3.63%
Tax Burden Percent
104.63% 117.14% 111.48% -171.79%
Interest Burden Percent
105.03% 96.66% 96.03% 107.77%
Effective Tax Rate
0.00% 0.00% 0.00% 8.91%
Return on Invested Capital (ROIC)
-41.99% -13.86% -29.02% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
-120.15% -40.11% -54.92% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-54.05% -19.70% -35.69% 0.00%
Return on Equity (ROE)
-96.04% -33.56% -64.71% 0.00%
Cash Return on Invested Capital (CROIC)
-45.60% -58.49% -229.02% 0.00%
Operating Return on Assets (OROA)
-24.96% -7.48% -5.79% 0.00%
Return on Assets (ROA)
-27.43% -8.47% -6.20% 0.00%
Return on Common Equity (ROCE)
-20.01% -3.46% 9.30% 0.00%
Return on Equity Simple (ROE_SIMPLE)
-541.99% -109.34% 225.19% 0.00%
Net Operating Profit after Tax (NOPAT)
-41 -11 -8.80 9.44
NOPAT Margin
-9.25% -1.49% -1.56% 1.89%
Net Nonoperating Expense Percent (NNEP)
78.17% 26.26% 25.90% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
-27.27% - - -
Cost of Revenue to Revenue
0.00% 28.80% 29.53% 31.47%
SG&A Expenses to Revenue
109.00% 58.04% 61.83% 52.57%
R&D to Revenue
0.00% 1.94% 1.50% 0.73%
Operating Expenses to Revenue
109.00% 75.45% 74.92% 64.38%
Earnings before Interest and Taxes (EBIT)
-59 -16 -11 9.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-53 -11 -5.42 14
Valuation Ratios
- - - -
Price to Book Value (P/BV)
72.79 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.96 0.00 0.00 0.00
Price to Earnings (P/E)
0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
9.62 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
2.16 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
80.47 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00
Leverage & Solvency
- - - -
Debt to Equity
1.26 1.22 2.03 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00
Financial Leverage
0.45 0.49 0.65 0.00
Leverage Ratio
3.50 3.96 5.22 0.00
Compound Leverage Factor
3.68 3.83 5.01 0.00
Debt to Total Capital
55.79% 54.98% 67.00% 0.00%
Short-Term Debt to Total Capital
55.79% 54.98% 67.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
36.27% 34.37% 37.75% 0.00%
Common Equity to Total Capital
7.94% 10.65% -4.74% 0.00%
Debt to EBITDA
-1.57 -7.79 -13.78 0.00
Net Debt to EBITDA
-0.62 -2.59 -4.41 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00
Debt to NOPAT
-2.05 -7.67 -8.48 0.00
Net Debt to NOPAT
-0.80 -2.55 -2.71 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00
Altman Z-Score
2.97 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio
79.16% 89.70% 114.37% 0.00%
Liquidity Ratios
- - - -
Current Ratio
1.25 1.41 0.94 0.00
Quick Ratio
0.79 0.87 0.86 0.00
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
-44 -46 -69 0.00
Operating Cash Flow to CapEx
97.31% -567.32% -371.04% -1,991.20%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Efficiency Ratios
- - - -
Asset Turnover
1.88 3.50 2.94 0.00
Accounts Receivable Turnover
6.71 10.27 6.60 0.00
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 35.52 30.55 0.00
Accounts Payable Turnover
0.00 8.24 6.89 0.00
Days Sales Outstanding (DSO)
54.37 35.54 55.33 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 44.28 52.96 0.00
Cash Conversion Cycle (CCC)
54.37 -8.74 2.37 0.00
Capital & Investment Metrics
- - - -
Invested Capital
99 96 61 0.00
Invested Capital Turnover
4.54 9.31 18.62 0.00
Increase / (Decrease) in Invested Capital
3.51 35 61 0.00
Enterprise Value (EV)
953 0.00 0.00 0.00
Market Capitalization
866 0.00 0.00 0.00
Book Value per Share
$0.13 $0.19 ($0.06) $0.00
Tangible Book Value per Share
($0.18) $0.19 ($0.06) $0.00
Total Capital
150 151 111 0.00
Total Debt
84 83 75 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00
Net Debt
33 28 24 0.00
Capital Expenditures (CapEx)
12 4.87 4.35 1.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)
73 79 14 0.00
Debt-free Net Working Capital (DFNWC)
123 134 65 0.00
Net Working Capital (NWC)
40 51 -9.84 0.00
Net Nonoperating Expense (NNE)
24 6.76 3.10 28
Net Nonoperating Obligations (NNO)
33 28 24 0.00
Total Depreciation and Amortization (D&A)
5.28 4.87 5.70 4.06
Debt-free, Cash-free Net Working Capital to Revenue
16.43% 10.81% 2.54% 0.00%
Debt-free Net Working Capital to Revenue
27.86% 18.40% 11.47% 0.00%
Net Working Capital to Revenue
8.94% 6.98% -1.74% 0.00%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
($0.72) ($0.31) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
96.00M 85.44M 0.00 0.00
Adjusted Diluted Earnings per Share
($0.72) $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
96.00M 89.71M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
98.51M 89.71M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
-41 -11 -8.80 9.44
Normalized NOPAT Margin
-9.25% -1.49% -1.56% 1.89%
Pre Tax Income Margin
-13.94% -2.06% -1.89% 2.11%
Debt Service Ratios
- - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% -36.59%
Augmented Payout Ratio
-6.41% -14.72% -4.29% -43.14%

Quarterly Metrics And Ratios for SunCar Technology Group

No quarterly metrics and ratios for SunCar Technology Group are available.


Frequently Asked Questions About SunCar Technology Group's Financials

When does SunCar Technology Group's fiscal year end?

According to the most recent income statement we have on file, SunCar Technology Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has SunCar Technology Group's net income changed over the last 3 years?

SunCar Technology Group's net income appears to be on an upward trend, with a most recent value of -$64.45 million in 2024, rising from -$18.09 million in 2021. The previous period was -$17.58 million in 2023.

What is SunCar Technology Group's operating income?
SunCar Technology Group's total operating income in 2024 was -$58.36 million, based on the following breakdown:
  • Total Gross Profit: $441.90 million
  • Total Operating Expenses: $481.68 million
How has SunCar Technology Group revenue changed over the last 3 years?

Over the last 3 years, SunCar Technology Group's total revenue changed from $498.47 million in 2021 to $441.90 million in 2024, a change of -11.3%.

How much debt does SunCar Technology Group have?

SunCar Technology Group's total liabilities were at $180.49 million at the end of 2024, a 16.3% increase from 2023, and a 16.3% increase since 2022.

How much cash does SunCar Technology Group have?

In the past 2 years, SunCar Technology Group's cash and equivalents has ranged from $21.20 million in 2022 to $30.85 million in 2023, and is currently $26.87 million as of their latest financial filing in 2024.

How has SunCar Technology Group's book value per share changed over the last 3 years?

Over the last 3 years, SunCar Technology Group's book value per share changed from 0.00 in 2021 to 0.13 in 2024, a change of 13.3%.



This page (NASDAQ:SDAWW) was last updated on 5/24/2025 by MarketBeat.com Staff
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